Modeling and performance evaluation of PPP projects utilizing IFC extension and enhanced matter-element method

2020 ◽  
Vol 27 (8) ◽  
pp. 1763-1794
Author(s):  
Zhao Xu ◽  
Xiang Wang ◽  
Ya Xiao ◽  
Jingfeng Yuan
Keyword(s):  
Performance Evaluation ◽  
Evaluation Model ◽  
Indicator System ◽  
Project Performance ◽  
Information Modeling ◽  
Content Type ◽  
Evaluation Indicator ◽  
Performance Evaluation Model ◽  
Element Method

PurposeThere is often a lack of accurate performance evaluation in Public–Private Partnership (PPP) projects. It is a challenging issue to effectively use Building Information Modeling (BIM) for PPP project performance evaluation. The objective of this study is to develop a PPP project performance evaluation model based on Industry Foundation Classes (IFC) and an enhanced matter-element method to more precisely evaluate PPP project performance.Design/methodology/approachThe performance evaluation of PPP projects in the construction and operation period was explored. The PPP project performance evaluation indicator system was first established based on a literature review and PPP project practice. Then, the evaluation indicator information was expressed through IFC mapping and extension. After that, an IFC-based PPP project performance evaluation model was developed, and a case study was provided to validate the use of the proposed performance evaluation model.FindingsThe results of the case study show that the proposed approach can accurately and efficiently evaluate PPP projects, and it could favorably contribute to performance evaluation in PPP projects.Research limitations/implicationsThis study only concerns the performance evaluation of one type of PPP project. Further research is required to study different types of PPP projects; the model needs to be more efficient and intelligent.Originality/valueThe performance evaluation of PPP projects utilizing IFC extension and the enhanced matter-element method provides guidance for the government and private parties to accurately and efficiently evaluate PPP project performance.

Research on the fuzzy evaluation of the livability of old urban communities using an analytic hierarchy process – a case study of Nanjing city in China

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xiaoxiao Wang ◽  
Ruiting Shi ◽  
Ting Wang
Keyword(s):  
Sustainable Development ◽  
Urban Communities ◽  
Urban Renewal ◽  
Indicator System ◽  
Content Type ◽  
Evaluation Indicator ◽  
Evaluation Indicator System ◽  
Community Livability ◽  
The City

Purpose Due to the different actual construction conditions in different cities, the requirements for community livability may also differ due to different geographical locations and urban construction priorities. The research system in this paper can be applied to study similar old communities in old urban areas. The indicator system would need to be adjusted in different places, based on specific construction situations and higher planning requirements. This process would provide valuable insights for effective construction projects that support the livability of the old communities. Design/methodology/approach Based on sustainable and people-oriented development principles, this study considered the development of old urban communities during today’s rapid urban renewal and development. Using previous literature and related research experience, this study established an evaluation indicator system to assess the livability of old urban communities. Based on the local resident experience and satisfaction, the study investigated current weaknesses in the construction of livable old urban communities and developed corresponding recommendations for reform based on these. The goal was to provide guidance and recommendations for renewing old communities in during urban development and further promote the sustainable development of the city. Findings Based on the people-oriented principle and focusing on old urban communities as the research object, this study constructed an evaluation indicator system to evaluate the livability of urban old communities. The goal was to identify the weaknesses in the construction of old urban communities, with a focus on livability. Using the Bei’anmen community in Nanjing as a case study, the AHP method and fuzzy comprehensive evaluation method were applied to evaluate the overall target level and specific indicators, with the goal of assessing the level of livability in the Bei’anmen community.[AQ2] The results show that the livability of the Bei’anmen community is “very poor,” with significant room for improvements in community livability. This study also proposed corresponding measures for improving problems related to livability in the old urban community. Establishing the indicator system may help evaluate the livability of similar old communities in Nanjing and the same types of old communities in other cities. Understanding the overall livability of communities under construction can help identify weaknesses in other own construction approaches and may inform appropriate steps to improve the sustainable construction of the community in the wave of continuous urban renewal. This may realize the further development of livability in the community. Originality/value The community is an integral part of the city and strengthening the community’s civilization can support a harmonious and stable social environment. In constructing livable communities, improving the community civilization can promote social progress and civilization, promote social harmony and support the harmonious and sustainable development of communities. To strengthen the construction of a livable community, it is important to apply a residential perspective and provide a good platform for managing community participation and interaction. This may include organizing community-level cultural activities and strengthening communication between residents to increase the residents’ affection for the community. This would enhance the residents’ sense of belonging, forming a harmonious and stable atmosphere of community life, mutual help and mutual tolerance.

An analytic network process model for hospital facilities management performance evaluation

Facilities ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Joseph H.K. Lai ◽  
Huiying (Cynthia) Hou ◽  
David J. Edwards ◽  
P.L. Yuen
Keyword(s):  
Performance Evaluation ◽  
Performance Indicators ◽  
Process Model ◽  
Evaluation Model ◽  
Analytic Network Process ◽  
Facilities Management ◽  
Focus Group Study ◽  
Content Type ◽  
Network Process

Purpose This study aims to establish a rigorous model that can pragmatically evaluate the facilities management (FM) performance of hospitals. Design/methodology/approach Among the applicable performance indicators that were identified from extant literature, a focus group study shortlisted ten key performance indicators (KPIs) in four categories (safety, physical, financial and environmental) and verified their practicality. Using the analytic network process (ANP) method to process the focus group’s responses yielded importance weightings for the KPIs and developed the intended evaluation model. This model was then validated by a case study. Findings From the empirical data collected, two types of FM performance data and two scenarios of KPI scores were identified. To process these data and scores, a robust calculation method was devised and then proved useful in obtaining an overall score for holistic hospital FM performance. The case study confirmed the appropriateness and validity of the model developed. Research limitations/implications Through illustrating how the ANP method could be applied to develop an FM performance evaluation model, the study contributes knowledge to the multi-criteria decision-making domain. Despite the geographical limitation of the model established (i.e. centered around a group of hospitals investigated in Hong Kong), the study can serve as a reference for developing performance evaluation models for other buildings or infrastructures globally. Practical implications The model constitutes a practical tool for evaluating the FM performance of hospitals. Using this model on a regular basis will enable performance benchmarking and hence, continuous improvement of FM services. Originality/value The ANP model established is the first of its kind tailored for evaluation of hospital FM performance.

A new supplier performance evaluation model

Kybernetes ◽  
2010 ◽  
Vol 39 (1) ◽  
pp. 37-54 ◽  
Author(s):  
He‐Yau Kang ◽  
Amy H.I. Lee
Keyword(s):  
Performance Evaluation ◽  
Integrated Circuit ◽  
Evaluation Model ◽  
Pairwise Comparison ◽  
Evaluation Process ◽  
Supplier Evaluation ◽  
Content Type ◽  
Supplier Performance ◽  
Performance Evaluation Model ◽  
Proposed Model

PurposeMost industries have become increasingly competitive nowadays, and a good supply chain relationship is essential for a company to survive and to acquire reasonable profit. Therefore, supplier selection is very important. The purpose of this paper is to propose a novel model for evaluating the performance of suppliers.Design/methodology/approachA supplier performance evaluation model based on analytic hierarchy process (AHP) and data envelopment analysis (DEA) is constructed. DEA is applied first to evaluate quantitative factors, and the results are transformed into pairwise comparison values for AHP analysis. Qualitative factors are also evaluated through AHP analysis, and a final ranking of suppliers can be obtained by combining the quantitative and qualitative results.FindingsThe proposed model can be applied to evaluate and select the most appropriate integrated circuit packaging company for outsourcing. With the incorporation of experts' opinions and the consideration of qualitative and quantitative factors, the model can provide a both subjective and objective supplier performance ranking.Practical implicationsThe proposed model can be tailored and applied to supplier evaluation and selection in other industries.Originality/valueAlthough many models are available for supplier evaluation, this paper considers both the subjective and objective performance characteristics simultaneously in the evaluation process.

Developing performance measures and setting their targets for national research institutes based on strategy maps

2015 ◽  
Vol 6 (2) ◽  
pp. 165-186 ◽  
Author(s):  
Guoliang Yang ◽  
Alasdair Macnab ◽  
Liying Yang ◽  
Chunliang Fan
Keyword(s):  
Performance Evaluation ◽  
Performance Measurement ◽  
Indicator System ◽  
New Method ◽  
Content Type ◽  
Strategy Maps ◽  
Research Institutes ◽  
Concrete Action ◽  
Research Institute

Purpose – This paper aims to help research managers design the performance management process and select measures and indicators, which relate to the strategies of their organisations directly. Design/methodology/approach – In this paper, we will propose strategy maps for national research institutes (NRIs), so that the managers can describe the strategies of their organisations more clearly, accurately and logically. Also, we will propose a new method to set targets for key performance indicators (KPIs), which is named “Forecasting-Objective Achievement System (FOAS)”. Findings – The authors have explored the general rules of the research activity and proposed the strategic map for NRIs, so that the research managers can more clearly, accurately and logically describe the strategy for the organisational development strategy, and build the performance measurement indicators based on it. It allows the managers to transfer the strategy into clear and concrete action initiatives, and the corresponding performance evaluation indicators. Also, this paper proposed a new method for target-setting for performance indicator to drive NRIs do their best to achieve high performance. Research limitations/implications – First, this paper proposes a framework of strategy maps for NRIs to transfer the strategy into clear and concrete action initiatives, and the corresponding performance evaluation indicators. Also, this paper gives a case study of a research institute in the field of physics to derive KPIs based on its strategy maps, which can show the effectiveness of this approach. But this institute conducts mainly the basic research, and there are other NRIs with different types of research, such as applied research, which have different characteristics with the NRI in the case study. Originality/value – The authors propose the specific strategy maps for NRIs and a new method to set targets for KPIs. Further, the example of a national research institute is taken to analyze its strategy map and construct a performance measurement indicator system for it, so that the strategies in research management can be transferred to specific action initiatives. New ideas are provided for the performance measurement of national research institutes.

scholarly journals Determinants of economic value added (EVA) in Chinese listed banks

2019 ◽  
Vol 27 (4) ◽  
pp. 595-613
Author(s):  
Jie Zhang ◽  
Ahmed Aboud
Keyword(s):  
Performance Evaluation ◽  
Banking Industry ◽  
Evaluation Model ◽  
Value Added ◽  
Measurement Tool ◽  
Content Type ◽  
Performance Evaluation Model ◽  
Chinese Banking Industry ◽  
The Impact ◽  
Chinese Banking

Purpose The purpose of this paper is to examine the determinants of the EVA performance evaluation model for the Chinese banking industry. The authors investigate the impact of six bank-specific factors and corporate governance factors on financial performance. Design/methodology/approach The authors use the ordinary least square regression to examine the determinants of the EVA performance evaluation model for the Chinese banking industry. The findings are generally robust to alternative proxies of performance. Findings The empirical results indicate that credit risk, operational efficiency and the degree of innovation are positively related to banks’ EVA while capital management has a negative impact on it. In addition, although board size and independent directors are not related to the bank’s EVA, from the perspective of the traditional performance evaluation indicators, executive compensation has a positive impact on the bank’s profitability. Research limitations/implications This paper has some limitations. First, due to the large number of adjustments to accounting items are required in the application of EVA when evaluating business performance, some items of the EVA model in this paper have been simplified, which may cause the bank’s EVA value to deviate slightly from the actual situation. Moreover, the sample includes only listed banks, so our results cannot generalize to non-listed banks, such as some small- and medium-sized commercial banks. Originality/value This paper contributes to the limited body of literature concerning the use and the determinants of EVA in emerging markets. The authors construct an EVA model which is suitable for China’s banks and reports comprehensive evidence on the drivers of EVA as a measurement tool.

A dynamic performance evaluation model suggestion for performance-based logistics

Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mustafa Agdas ◽  
Cevriye Gencer
Keyword(s):  
Performance Evaluation ◽  
Evaluation Model ◽  
Dynamic Performance ◽  
Real Life ◽  
Public Institution ◽  
Fuzzy Data ◽  
Index Method ◽  
Suitable Alternative ◽  
Content Type ◽  
Performance Evaluation Model

PurposeThis study proposes a dynamic performance evaluation model to support the material availability of the public institution under performance- based logistics (PBL) and to select the most appropriate service provider.Design/methodology/approachThe model consists of four stages. In the first stage, a criteria set to evaluate alternatives is created. In the second stage, the DEA-MTFP index method is applied for performance evaluation of the alternatives by using crisp data. In the third stage, IFS theory is utilized for aggregating decision-maker judgments on alternatives, and in the last stage, the results of both methods are turned into single value, and it is selected as the most suitable alternative.FindingsIt is verified that the proposed approach can be implemented to the real-life dynamic multi-criteria decision-making (MCDM) problem that have crisp and fuzzy data under the PBL strategy.Practical implicationsThis paper offers an integrated approach for performance analysis of service providers in a dynamic MCDM problem in which crisp and fuzzy data are used together. To illustrate applicability and validity of the proposed model, it is applied to a real-life problem.Originality/valueThis paper utilizes the DEA-MTFP index method and IFS theory in an integrated way.

Developing and validating the components of Maqasid al-Shari’ah-based performance measurement model for Islamic banks

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Kazi Md Tarique ◽  
Rafikul Islam ◽  
Mustafa Omar Mohammed
Keyword(s):  
Performance Evaluation ◽  
Evaluation Model ◽  
Group Discussion ◽  
Relevant Literature ◽  
Well Being ◽  
Measurement Model ◽  
Performance Measure ◽  
Islamic Banks ◽  
Content Type ◽  
Performance Evaluation Model

Purpose The purpose of this paper is to develop and subsequently validate a Maqasid al-Shari’ah-based performance evaluation model for Islamic banks. Design/methodology/approach Initially, a comprehensive review of the existing and relevant literature is carried out and a prototype evaluation model has been developed. This has been augmented and refined through in-depth interviews of Shari’ah scholars and banking experts. Afterwards, the modified model has been validated by taking inputs from academics and Islamic banking practitioners through a focus group discussion. Findings The major outcome of the present work is a Maqasid al-Shari’ah-based performance evaluation model for Islamic banks. At the inception of the work, the Maqasid frameworks of Imam al-Ghazali and Abu Zahrah were combined. The combined model incorporates various dimensions, elements and the corresponding measures of three components, namely, justice, education and maslahah. Research limitations/implications Not being able to test the model statistically or empirically can be considered as a limitation. Practical implications The comprehensive theoretical framework of the developed model addresses all aspects of human well-being. Thus, if implemented the model will ensure welfare for all the stakeholders. It will also encourage the regulators to introduce new reporting standards which will be more reflective of Maqasid al-Shari’ah. Social implications Fulfilling Maqasid will create a positive brand image for Islamic banks, which will attract more customers both Muslims and non-Muslims. Thus, this will create a wider scope for earning more revenues. Originality/value There has been concern that Islamic banks are converging towards conventional banking systems and the same performance measure instrument is being used to evaluate the performance of both Islamic and conventional banks. The present work has developed a Maqasid al-Shari’ah-based performance evaluation model for Islamic banks.

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